Iseteenindus

Amendments in Eesti Energia loan portfolio

28.09.2021

NOT FOR RELEASE, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES OF AMERICA (INCLUDING ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA), AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE’S REPUBLIC OF CHINA, JAPAN, SOUTH AFRICA, OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD BE UNLAWFUL.

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Enefit Green, a 100% owned subsidiary of Eesti Energia Group, has signed new unsecured loan contracts in total amount of 130 million euros. The contracts were signed on bilateral basis with SEB (80 million euros in total) and OP Corporate Bank plc Estonian branch (50-million-euro 5-year term loan). Loan agreements signed with SEB involve 2 revolving credit facilities (20-million-euro 3-year facility and a 20-million-euro 5-year facility), and a 40-million-euro term loan facility with 7-year term. Eesti Energia has cancelled prematurely a 50-million-euro revolving credit facility agreement with OP Corporate Bank plc Estonian branch, signed in September 2020. The purpose of the amendments in the group’s loan portfolio is to support the financing of Eesti Energia group’s strategy.

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The information contained in this announcement does not constitute or form part of any offer for sale or subscription of or solicitation of any offer to buy or subscribe for any securities in the United States, nor shall it or any part of it form the basis of or be relied on in connection with any contract or commitment whatsoever. Under the U.S. Securities Act of 1933, as amended, securities may not be offered or sold in the United States absent registration or an exemption from registration. Eesti Energia AS does not intend to register any portion of any offering of securities in the United States or to conduct a public offering of any securities in the United States.

Rasmus Noormägi
Head of Investor Relations and Treasury
Eesti Energia AS
Tel +372 465 2885
rasmus.noormagi@energia.ee